Swan Enhanced Dividend Income ETF (BATS:SCLZ) Announces Dividend Increase – $0.41 Per Share

Swan Enhanced Dividend Income ETF (BATS:SCLZ) declared a monthly dividend on Wednesday, September 23rd. Stockholders of record on Thursday, September 24th will be given a dividend of 0.408 per share on Tuesday, September 29th. This represents a c) dividend on an annualized basis and a dividend yield of 8.6%. The ex-dividend date is Thursday, September 24th. This is a 1.1% increase from Swan Enhanced Dividend Income ETF’s previous monthly dividend of $0.40.

Swan Enhanced Dividend Income ETF Trading Up 0.3%

Shares of BATS SCLZ traded up $0.17 during midday trading on Thursday, hitting $56.94. The company’s stock had a trading volume of 874 shares, compared to its average volume of 1,082. The business’s 50 day moving average is $56.29 and its two-hundred day moving average is $55.32. Swan Enhanced Dividend Income ETF has a 12-month low of $50.41 and a 12-month high of $57.54. The firm has a market cap of $14.23 million, a P/E ratio of 24.61 and a beta of 0.58.

Institutional Trading of Swan Enhanced Dividend Income ETF

An institutional investor recently raised its position in Swan Enhanced Dividend Income ETF stock. Swan Global Investments LLC grew its stake in shares of Swan Enhanced Dividend Income ETF (BATS:SCLZ) by 6.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 25,191 shares of the company’s stock after purchasing an additional 1,600 shares during the quarter. Swan Enhanced Dividend Income ETF makes up approximately 0.0% of Swan Global Investments LLC’s investment portfolio, making the stock its 27th largest position. Swan Global Investments LLC owned approximately 8.40% of Swan Enhanced Dividend Income ETF worth $1,379,000 as of its most recent filing with the Securities and Exchange Commission.

About Swan Enhanced Dividend Income ETF

The Swan Enhanced Dividend Income ETF (SCLZ) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, aiming for total return by investing in dividend-paying large- and mid-cap US stocks while enhancing returns through a covered call-writing options strategy. SCLZ was launched on Feb 26, 2024 and is issued by Swan.